The major cryptocurrency exchange Bybit has been awarded the title of 'Best Crypto Exchange UAE 2025' by the Global Business & Finance Magazine Awards, showcasing its exceptional achievements and innovations in the UAE's digital ecosystem.
Recognition by Global Business & Finance Magazine
The Global Business & Finance Magazine Awards highlighted significant contributions from companies and individuals to the financial sector. The award confirms Bybit's leadership and commitment to innovation in the UAE's crypto market.
Significant Achievements of Bybit in UAE
The recognition coincides with Bybit's significant achievements in UAE, including receiving In-Principle Approval from the UAE's Securities & Commodities Authority to establish a Virtual Asset Platform. Bybit also obtained Provisional Approval for a VASP license from VARA in Dubai.
Comments from Bybit Leadership
"We are honored to receive the 'Best Crypto Exchange UAE 2025' award," said Joan Han, Sales & Marketing Director at Bybit. "This recognition, coupled with our recent regulatory advancements, affirms our strategic vision for the UAE."
The award underscores Bybit's commitment to developing a secure and open crypto trading environment in the UAE, highlighting its leadership and innovative approach in the market.